Egypt to speed up development of gas discoveries by 2019

Egypt has been trying to reduce imports of LNG to 80 cargoes in the year 2017 to 2018. It is also trying to speed up the development of recent gas discoveries by 2019 because of the increase in local gas production.

Molla went on to say: “We were planning to import 154 cargoes of LNG in 2016-17 but we only imported 118 cargoes because of the increase in local gas production.”